Charterhouse-backed SERB buys BTG specialty pharma unit for $800m

Charterhouse-backed SERB buys BTG specialty pharma unit for $800m

Boston Scientific on Tuesday, 1 December, said it agreed to sell its BTG specialty pharmaceuticals business for $800m in cash to affiliates of SERB, a European specialty pharmaceutical group backed by private equity firm Charterhouse Capital Partners. The US-based...
Mobeus scores 8.2x return with its second exit in a week

Mobeus scores 8.2x return with its second exit in a week

UK lower mid-market group Mobeus Equity Partners has concluded its fifth buyout exit this year, with an average money multiple in 2020 of 3.3 times its investments, the firm said. Two of these deals were announced this week. As the pandemic crushes returns and delays...
EMEA Private Equity Market Snapshot Issue 27

EMEA Private Equity Market Snapshot Issue 27

Welcome to the 27th issue of the EMEA Private Equity Market Snapshot (PEMS), a quarterly publication focusing on the Private Equity (PE) market in Europe, the Middle East and Africa (EMEA) from S&P Global Market Intelligence. From a numbers perspective, mega deals...
Vista Equity Partners Backs Business Software Company Gainsight

Vista Equity Partners Backs Business Software Company Gainsight

Customer-relations technology company Gainsight Inc. is slated to have a new majority owner: private-equity firm Vista Equity Partners. Gainsight agreed to a majority investment by Vista, which focuses on backing technology companies, according to a news release. The...
Francisco Partners Agrees to Buy CDK Global Unit for $1.45 Billion

Francisco Partners Agrees to Buy CDK Global Unit for $1.45 Billion

Automotive industry technology company CDK Global Inc. has agreed to sell its international division to private-equity firm Francisco Partners for $1.45 billion. The Hoffman Estates, Ill., company provides technology to about 30,000 dealers of autos, heavy trucks,...